How to repair a leak in cement wall where the main water line comes through?

In my basement we have a leak coming through the wall where the main water line comes in the house, it is not the pipe itself, it is from the ground outside being wet from all the rain and coming through. We tried quick cement but because of it still leaking and just ran right back down. When we got the water line through we had to put a whole in the wall with a sludge hammer in order to get the pipe in, and its is leaking in that whole right around the pipe!

Trick is to mix it with a minimal amount of water to where you can make a thick batch size of the golf ball. You will only have 2 -3 minutes to mix it ...once you get it shaped pack it around the pipe. You may want to find something flat that will allow you to pack it in around the pipe.